Business, 05.05.2020 17:40 bravomichelle75

T Naval Supply Company issued five-year, 7% bonds with a face value of $25,000 on January 1, 2019. The effective rate of interest is 6%. Patriot sold the bonds for $26,053. The bonds pay annual interest each December 31. Patriot uses the effective interest method for amortization of premium or discount on bonds payable. (Round answers to nearest whole dollar.) 19. What is the annual amount of cash that Patriot will pay to bond holders for interest

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 23:30

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

Answers: 3

Answer

Business, 22.06.2019 05:00

Personal financial planning is the process of creating and achieving financial goals? true or false

Answers: 1

Answer

Business, 22.06.2019 20:00

A$100 million interest rate swap has a remaining life of 10 months. under the terms of the swap, the six-month libor is exchanged semi-annually for 12% per annum. the six-month libor rate in swaps of all maturities is currently 10% per annum with continuous compounding. the six-month libor rate was 9.6% per annum two months ago. what is the current value of the swap to the party paying floating? what is its value to the party paying fixed?

Answers: 2

Answer

Business, 23.06.2019 00:00

Both a demand curve and a demand schedule show how a. prices affect consumer demand. b. consumer demand affects income. c. prices affect complementary goods. d. consumer demand affects substitute goods.

Answers: 2

Answer

You know the right answer?

T Naval Supply Company issued five-year, 7% bonds with a face value of $25,000 on January 1, 2019. T...

Questions